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Summary

TapSwap is the first NFT marketplace on the Bitcoin Cash blockchain, leveraging CashTokens for trading fungible and non-fungible tokens with low fees and a user-friendly interface.

Abstract

TapSwap has emerged as a pioneering NFT marketplace on the Bitcoin Cash network, utilizing CashTokens to facilitate the exchange of both fungible and non-fungible tokens. The platform showcases the efficiency and competitive advantages of Bitcoin Cash, including low transaction fees and instant transactions. While still in its initial stages, TapSwap is expected to grow into a modern marketplace as trading volumes increase. It features a 3% trading fee, rarity sorting for NFTs, and a UTXO consolidation tool. Developer mainnet_pat is actively involved in enhancing the platform and has initiated a Flipstarter campaign to fund the development of WalletConnect V2, aiming to improve the Web3 experience on BCH. The marketplace also provides statistics on trading volumes and recent transactions, contributing to a transparent trading environment.

Opinions

  • The author views TapSwap as a significant development for Bitcoin Cash, highlighting its potential to showcase the blockchain's capabilities in handling smart contracts and NFTs.
  • The developer, mainnet_pat, is portrayed as proactive and dedicated to the continuous improvement of TapSwap, with regular updates and new features to meet user needs.
  • The Bitcoin Cash community is seen as supportive and enthusiastic about the development of CashTokens and the broader ecosystem, with a particular interest in the new capabilities brought by the Cashtokens upgrade.
  • The author expresses a positive sentiment towards the future of Bitcoin Cash, emphasizing its commitment to innovation and development during a period where other blockchains have slowed down.
  • The low fees and user-friendly nature of TapSwap are highlighted as key factors that contribute to a favorable trading experience on the platform.
  • The Flipstarter campaign for WalletConnect V2 is presented as a forward-thinking initiative that will enhance the BCH dApp ecosystem and facilitate wallet interactions.
  • The author acknowledges the impressive progress of Bitcoin Cash over the years, noting its ability to offer payments and smart contracts on Layer-1 without compromising decentralization or security.

TapSwap: The First NFT Marketplace On CashTokens Bitcoin Cash

NFTs On Bitcoin Cash Found A Home

Picture on Pixabay (modified with logo and text)

The first Cashtokens marketplace TapSwap was recently launched, enabling trading for CashTokens FTs (fungible tokens) and NFTs (non-fungible tokens).

The platform demonstrates the efficiency of Bitcoin Cash, which is the competitive advantage that characterizes this blockchain.

While TapSwap.cash is still at inception, we expect it to evolve into a modern marketplace as trading volumes increase.

Dev mainnet_pat supports developments and regularly adds new features to serve the users’ needs.

Furthermore, the TapSwap.cash developer recently launched an 125BCH flipstarter to develop WalletConnect V2, a Web3 service that allows wallets to interact with BCH dApps.

TapSwap — Cashtokens Marketplace

TapSwap delivers a Web3 platform that connects to Paytaca’s Chrome extension.

Instructions on how to set up Paytaca on Chrome and mint CashTokens NFTs are here: How To Mint Cashtokens NFTs.

The platform takes a 3% fee for each trade completed, with a minimum of 0.01 BCH. Fees and the total amount are visible when buying tokens listed at Tapswap:

Listing tokens demands no additional fee besides the low blockchain fee (lower than $0.01).

Users can get accustomed to the sorting features immediately.

We can sort by rarity (only available for BitCats Heroes right now), by price, by name, and by sequence number, offering convenience when searching for desired NFTs.

Refreshing the page will reset the sort options we previously selected.

The marketplace also offers statistics regarding the trading volumes and prices of the last 24 hours.

TapSwap provides the data of previous trades in the marketplace with links to the txID and taker address.

It also offers a UTXO consolidation tool, which sums up UTXOs into one address, a feature we will need when our wallet runs low in BCH.

So far, it has been a great experience trading NFTs on TapSwap. The platform is user-friendly and slick, and Pat fixes bugs instantly.

Flipstarter (Crowdfunding): WalletConnect V2

Developer mainnet_pat has all the right intentions and he has also launched a Flipstarter that will “bring the Web3 experience to BCH and allow other wallets (mobile included) to interact with BCH dApps”:

The flipstarter is currently filled at 13,49/125 BCH, receiving 15 commitments so far, with BCH Guru allocating 10 BCH! 2 days remain before the flipstarter expires.

Bitcoin Cash NFTs

On the landing page, we discover the top Bitcoin Cash NFT collections:

  • Emerald DAO (265/2000, Also holds the record sale of # 1 for 27BCH)
  • BCH Guru (First round sold out, 2000/10000, record sale: 21BCH)
  • BitCats Heroes (751/10000)

CashTokens are still in an early phase, with developers exploring the full capabilities of the Bitcoin Cash smart-contract features. Still, interest in NFTs is already considerable, with the BCH community supporting developments that showcase the new abilities of the blockchain.

Moreover, there is an incentive to invest early in anything with enough potential.

Besides CashTokens NFTs, TapSwap also allows the trading of fungible tokens offering tokens we knew already from smartBCH (CashCats and Bismuth) and a few more collections and tokens.

In Conclusion

Today Bitcoin Cash is the whole package, payments, and smart contracts on Layer-1, with no cutbacks to decentralization or security.

Fast, secure, and reliable, with low fees and instant transactions.

BCH-builders create new platforms and showcase the new capabilities of Bitcoin Cash with the Cashtokens upgrade.

Bitcoin Cash is building when 99% of the blockchains are on vacation, having paused developments and abandoned the adoption race.

Everyone besides PoW chains are just interested if the SEC will label their tokens securities in hopes that VCs will not abandon them in case that happens.

Bitcoin Cash is upgrading and delivering innovation during a time when interest in cryptocurrencies is overshadowed by the negative influence of custodians and centralized exchanges that collapse one after another.

It’s important to acknowledge the impressive developments of Bitcoin Cash over the years.

Tapswap.cash links:

Other Links:

  • Cover Picture on Pixabay (modified with logo and text)

Also Read:

Platforms:

● read.cash ● noise.cash ● noise.app ● Medium ● Medium ● Hive ● Steemit ●Vocal ● Minds ● Publish0x ● Twitter ● CashRain ● Me.dm

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Originally published at https://read.cash.

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Bitcoincash
Blockchain
Nft
Investing
Finance
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